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0
votes
3answers
70 views

How do I add a new business partner?

We are a tech consulting company and our current group consists of four equity partners. We are interested in adding a new "business" partner, as our current partners are all technical, but we know ...
7
votes
2answers
247 views

Late founder equity allocation

Guy is late coming founder, the company not yet incorporated. I designed the product (several biomed multisensor devices) and taken it from concept to a mature prototype ready for manufacturing (1 ...
2
votes
2answers
174 views

Terms of agreement with a co-founder after split-up

I recently quit working with my co-founder. We had started a software business together and had agreed on a certain profit share. But shortly after the launch of the apps, we had to split because he ...
1
vote
1answer
153 views

Splitting equity between founders

X was working part-time on an idea and after about a year and a basic demo in hand, he talked to two potential people (A and B) who would become co-founders but would work part-time just like X. The ...
0
votes
1answer
124 views

What should be the role of other person I involve in Startup given my scenario

What shall be the role of the person I am involving in launching my start-up(about to register and launch), As initially I see me and him performing project management part of it(as implementation ...
-1
votes
1answer
55 views

Importance of Business Networking in a Tech Company

Everybody seems to think the opposite, but does it really matters how well you are connected with others entrepreneurs, developers or VCs when you own a tech company? It seems obvious that it helps ...
-1
votes
1answer
106 views

as one of the co-founders, can i have an equity and profit share both in mother holding corporation and subsidiary holding corporation?

the funders for my projects plan to put up a holding corporation. this holding corporation is intended to fund feasible projects by various project proponents not only those projects by me but ...
0
votes
0answers
32 views

Setting a stock vesting schedule retroactively

So here's the the quick summary: Three co-founders with shares equally divided. Started working on it about a year ago, got incorporated about 4 months ago. Now one of the co-founders wants to leave. ...
0
votes
0answers
75 views

Change in equity split when founder is dying?

I'm currently involved in a software start up with two other people. Abe started the company a couple years ago. He outsourced development for $100k. He's worked a lot of hours, but on a part time ...
0
votes
0answers
104 views

First Meeting Questions

Hypothetical situation: A group of future co-founders are getting together for the first time. There's one guy with an idea and 1-5 co-founders interested in jumping in. People may have met, talked ...
0
votes
0answers
64 views

Co-founding a Canadian startup while not being a Canadian resident

I've been invited to join a startup in Quebec as a co-founder. I'm not a Canadian resident, so I'm wondering if there are any limitations I might encounter (and if it's really possible at all). If ...
0
votes
0answers
139 views

Vesting for large group of part-time cofounders

I am involved with a startup that has a very unique structure. We started as friends, all working in our spare time, never intending for it to become a business. Eventually, it started catching on and ...